Mississippi vs Maine Taxes: Income, Property & Sales

Does Mississippi or Maine have lower taxes? We answer that in a variety of ways below:

Mississippi vs Maine Income Tax Comparison

	Mississippi	Maine
Income Tax Rates & Thresholds	4.00%: $5,000-$10,000 5.00%: $10,001+	5.80%: $0-$23,000 6.75%: $23,001-$54,450 7.15%: $54,451+
Median Income	$48,610	$75,160
Income Tax Paid On Median Household Income	$5,789	$12,997
Income After Tax Based on Median Household Income	$42,821	$62,163

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Mississippi vs Maine Property Tax Comparison

	Mississippi	Maine
Average Property Tax Rate	0.55%	0.89%
Average House Price By State	$171,998	$380,374
Average Property Tax Owed Per Year	$946	$3,385
Income After Income Taxes & Property Taxes Based On Median State Household Income	$41,875	$58,778

Mississippi vs Maine Sales Tax Comparison

	Mississippi	Maine
Average State Sales Tax	7.00%	5.50%
Average Local Sales Tax Across the State	0.07%	0.00%
Average Combined Sales Tax Rate	7.07%	5.50%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$2,765	$3,064
Maximum Disposable Income Based on Median Household Income	$39,110	$55,713

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Mississippi	Maine
Income Tax Owed	$4,325	$4,351
After Tax Income	$35,675	$35,649
Income After Income & Property Tax	$34,729	$32,264
Maximum Disposable Income After Income, Property & Sales Taxes	$32,436	$30,582

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Mississippi	Maine
Income Tax Owed	$8,253	$8,625
After Tax Income	$51,747	$51,375
Income After Income & Property Tax	$50,801	$47,990
Maximum Disposable Income After Income, Property & Sales Taxes	$47,447	$45,488

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Mississippi	Maine
Income Tax Owed	$13,653	$14,407
After Tax Income	$66,347	$65,593
Income After Income & Property Tax	$65,401	$62,208
Maximum Disposable Income After Income, Property & Sales Taxes	$61,082	$58,965

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Mississippi	Maine
Income Tax Owed	$19,053	$20,237
After Tax Income	$80,947	$79,763
Income After Income & Property Tax	$80,001	$76,378
Maximum Disposable Income After Income, Property & Sales Taxes	$74,718	$72,396

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Mississippi	Maine
Income Tax Owed	$12,351	$12,445
After Tax Income	$87,649	$87,555
Income After Income & Property Tax	$86,703	$84,170
Maximum Disposable Income After Income, Property & Sales Taxes	$80,978	$79,782

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Mississippi	Maine
Income Tax Owed	$24,906	$25,900
After Tax Income	$125,094	$124,100
Income After Income & Property Tax	$124,148	$120,715
Maximum Disposable Income After Income, Property & Sales Taxes	$115,950	$114,421

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Mississippi	Maine
Income Tax Owed	$38,406	$40,475
After Tax Income	$161,594	$159,525
Income After Income & Property Tax	$160,648	$156,140
Maximum Disposable Income After Income, Property & Sales Taxes	$150,040	$148,000

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Mississippi	Maine
Income Tax Owed	$52,825	$55,969
After Tax Income	$197,175	$194,031
Income After Income & Property Tax	$196,229	$190,646
Maximum Disposable Income After Income, Property & Sales Taxes	$183,272	$180,707

FAQ

Does Mississippi or Maine have lower income taxes?

Mississippi’s income tax falls into the following range:

• 4.00%: $5,000-$10,000
• 5.00%: $10,001+

Whereas Maine’s income tax is the following

• 5.80%: $0-$23,000
• 6.75%: $23,001-$54,450
• 7.15%: $54,451+

Does Mississippi or Maine have lower property taxes?

Mississippi has an average property tax rate of 0.55%

In comparison, Maine has an average property tax rate of 0.89%

Does Mississippi or Maine have lower sales taxes?

Mississippi has a state sales tax rate of 7.00% and an average local rate of 0.07% for a combined total rate of 7.07%.

In contrast, Maine has a state sales tax rate of 5.50% and an average local rate of 0.00% for a combined total rate of 5.50%.

Do you get to keep more money in Mississippi or Maine?

Based on median household income after income, property and sales taxes Mississippi gives you a maximum amount of disposable income of $39,110

In comparison, Maine gives you $55,713.

More Comparisons:

Mississippi vs Montana
Mississippi vs Rhode Island
Mississippi vs Delaware
Mississippi vs South Dakota
Mississippi vs North Dakota

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/